218 E River St Cadillac, MI 49601
Estimated payment $996/month
About This Home
Prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots, providing convenient space for multiple vehicle parking. The main-level unit offers 3 bedrooms and 1 bathroom, while the upper-level unit includes 2 bedrooms and 1 bathroom—a functional setup for long-term rental demand. Unit 1 is currently vacant. Unit 2 is rented for $950 a month, tenant pays for all utilities. A clean, updated, and centrally located property like this is hard to find. Ideal for investors or owner-occupants looking to offset housing costs.
Listing Agent
REO-Cadillac-233028 Brokerage Phone: 231-878-8777 Listed on: 12/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,493
Year Built
- Built in 1890
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 100x144
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2 Bathrooms
- 2-Story Property
- Crawl Space
- Oven or Range
- Washer and Dryer Hookup
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Wall Furnace
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
- City Of Cadillac Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,302 | $62,400 | $0 | $0 |
| 2024 | $8 | $48,500 | $0 | $0 |
| 2023 | $1,196 | $40,100 | $0 | $0 |
| 2022 | $1,196 | $35,600 | $0 | $0 |
| 2021 | $1,165 | $31,700 | $0 | $0 |
| 2020 | $1,153 | $31,100 | $0 | $0 |
| 2019 | $1,134 | $26,000 | $0 | $0 |
| 2018 | -- | $21,800 | $0 | $0 |
| 2017 | -- | $19,200 | $0 | $0 |
| 2016 | -- | $18,200 | $0 | $0 |
| 2015 | -- | $17,400 | $0 | $0 |
| 2013 | -- | $16,100 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/10/2025 12/10/25 | For Sale | $169,900 | +30.3% | $105 / Sq Ft | |
| 06/10/2024 06/10/24 | Sold | $130,400 | +0.4% | $81 / Sq Ft | View Prior Sale |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- | |
| 04/19/2024 04/19/24 | For Sale | $129,900 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,400 | -- |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1941078
APN: 10-085-00-043-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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Ask me questions while you tour the home.